Cap and Trade: Sacrificial Offering to Goddess Gaia

PatriotPost.US "The Heritage Foundation's senior policy analyst for energy and environment, Ben Lieberman, has produced a stellar paper on [the cap and trade bill]... Based on available evidence and analysis, Lieberman concludes 'that both the seriousness and imminence of anthropogenic global warming has been overstated.' But even if we assume the problem is as bad as the hysterics claim, the proposed bill 'would have a trivial impact on future concentrations of greenhouse gases. ...[It] would reduce the earth's future temperature by 0.1 to 0.2 degree C by 2100, an amount too small to even notice.' The bill would bind only the U.S., not other nations, many of which, like China, are 'polluting' at a record pace. Also note that many European nations that have already imposed similar emissions restrictions have seen their emissions rise. But what would the costs be for this quixotic legislative paean to earth goddess Gaia? Contrary to the flawed analyses being advanced by the bill's proponents, Heritage estimates that the direct costs would be an average of $829 per year for a household of four, totaling $20,000 between 2012 and 2035. But when considering the total cost as reflected in the cost of allocations and offsets, the average cost to that family unit would be $2,979 annually from 2012 to 2035. Adding insult and hypocrisy to injury, the bill would hurt the poor the worst because they would bear a disproportionate burden of the higher energy costs the bill would trigger. Now here's the kicker. The bill is also projected to harm the manufacturing sector and cause estimated 'net' job losses, averaging about 1.15 million between 2012 and 2030. The overall gross domestic product losses would average $393 billion per year from 2012 to 2035, and the cumulative loss in gross domestic product would be $9.4 trillion by 2035. The national debt for a family of four would increase by $115,000 by 2035. Enough already. Throw the bums out." --columnist David Limbaugh

GOVERNMENT "The EPA is now considering designating CO2 a dangerous pollutant. The regulation of essential elements of life by our government scares me. It should scare us all. I am devastated by the notion that our own government founded on freedom would regulate and control the most fundamental aspects of life on earth. Regulation on life's important things is certainly tyranny.... If we regulate carbon dioxide or water, we will all be subject to the regulations because we cannot avoid producing both and releasing them into the environment. Me and my children, and yours too, will become polluters as we simply live and respire. I cannot comprehend it. ...[C]arbon dioxide is the basis of the energy cycle for life. Without sufficient carbon dioxide plants stop photosynthesis. Without plants, the whole chain breaks down, and we all die. ... Government stepping beyond its basic essentials always harms more than it helps. Government can never be efficient. It is not in its nature. The scorpion stings because it is a scorpion. Government oppresses because it is the governing power. Our founding fathers tried to control the beast, and it can probably not be done better, so do not thwart the controls. The controls are to be on the government, not we the people. Reduce the EPA, not carbon dioxide. In the end, that will save our children." --columnist Lonnie Schubert